Thank you @zurvanic and @andrarchy
Firstly I'd just like to say that this post is far superior to the previous two marketing updates as there is a lot of valuable information here. I feel this has clearly outlined the direction in which Steemit is taking and how it plans to get there. I am honestly excited about what the future of Steemit will hold for all of us.
I'm glad that Steem Inc recognizes that our strongest selling point is that we're a rewards based platform that actually works and we should promote around this strength of ours to drive home this message. I share the belief that we don't have to be outright better than our competition, just comparable, and the added monetary rewards should be appealing enough as they are definitely substantial to high quality content creators.
Not being from a Reddit background, I'm perhaps underestimating the value of Communities, and am happy to defer to the expert judgement of others here. I absolutely agree that making the account creation process more accessible would be a big advantage, but must be done so without compromising security. And a high quality mobile app definitely couldn't come soon enough.
Hedging bets is definitely how we should play this, making it easier for developers to make other steem based platforms is a must. My only concern is whether this is enough? Should some of the core Steemit Inc devs be working on alternative platforms as well so the odds of quality platforms getting created aren't completely left to the interests of third parties?
Yes, as a blockchain platform we don't have resources comparable to centralized platforms, but I feel that a good team of central devs is indispensable to the success of our platform, and due to the limited resources, this may be be a bottle neck in the growth of Steem. Can we entertain the idea of raising extra money for development and marketing by allocating a % of the inflation funds to this cause as well? This would require witness consensus of course, but it would allow the Steemit account funds to be used more liberally without fear of running out. Overall, this can speed up development considerably.
Now that I understand that crowdsourcing growth means you wish for the community to vote on the best ideas which will be rewarded and implemented through a protocol that will be released, I entirely support this. This point was very vague in the previous two updates.
Definitely agree on the idea of poaching influencers, would be worthwhile deliberating over this strategy when the community marketing protocols are released.
Can we perhaps also examine additional ways that advertising could work both on Steemit and other supported platforms? I feel that this revenue stream would add greater utility and legitimacy to our currency and deserves further investigation.
Great insight on how Steem is more attractive to lower income areas of the world and we should keep that in mind when planning our strategy.
Excellent work guys, I look forward to hearing from you again in future updates
Great feedback and encouragement on this post @trafalgar!
Thanks a lot papa pepper =)
You're welcome!
What we need here is a concept of 'ongoing funds'. You can support an Ongoing Fund by sacrificing some of your voting power, and your votes would be continually applied to it. This could be done in a hacky way now, without changing the protocol, but would probably be much more straightforward to simply make part of the protocol.
We could then have a development fund as an ongoing fund, a marketing fund as an ongoing fund, etc. etc.
ya exaclty what I meant, instead of the 10% witnesses, 65% author, 25% curator split or whatever, we can cram in there another 5-10% for development and take a little bit out from the rest
For now they have the Steemit account, but knowing that the community would be supportive of a development fund, they could use it more liberally
I think that's a really great idea :)
Yes, it is also my opinion that part of the steem block rewards should be set aside for development!
I actually think this is a crucial step if we want to ensure funds for development and improvements will not dry out one day.
Burn SBD ?
Finally, a real place to burn it to?
SBD burned into BTC / Steem to help fund dev.
This sounds similar to the DASH treasury fund concept. Funding dev is important!!!
the community might be supportive of an ongoing fund when there is a demonstrated need and some actual demonstrated action with results. Right now, as much as I like what is being talked about, the is no tangible proof of result through any of this being implemented or funds being spent from the existing Steemit account. Actions always speak way louder than words.